Bill Huzeigha, a US congressman has challenged the United States Congress to regulate the crypto markets just like commodity and stock markets. While talking in his office, he regarded the initial coin offering and digital market has been shady to some extent. He believed that the regulation will help put transparency in the crypto markets and investors can get some protection.
Bill stated that the lawmakers are going to take actions on the regulations but just that agreement has not been reached between parties involved. There are contemplation as to whether cryptos are securities, commodity or just money between different parties involved in the regulation.
Recently, a bitcoin Exchange-Traded Fund was rejected by SEC.
It is about time to regulate this market and make the rules clear for everyone.
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So many exit ICO scams
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Cryptos will take over from stock exchange and it will be use over the world as medium of change in ten years time,I believe...
I pray they regulate the law,so the investors won't be at risk,but I always believe cryptos is the future
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Patience will take us far
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